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Author Question: Out of a set of feasible alternatives, an optimizer should choose the alternative with the: A) ... (Read 222 times)

nramada

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on: Jun 29, 2018
Out of a set of feasible alternatives, an optimizer should choose the alternative with the:
 
  A) highest net benefit.
  B) highest opportunity cost.
  C) lowest total cost, regardless of benefit.
  D) highest total benefit, regardless of cost.

Question 2

If there is an inverse relationship between two variables, the graph of this relationship
 
  A) will be a horizontal line.
  B) will be downward-sloping.
  C) might be horizontal.
  D) will be upward-sloping.


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jojobee318

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


nramada

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

daiying98

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Reply 3 on: Yesterday
Wow, this really help

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